This property might be a fair Mid-Term investment with a projected 3.55% first-year return on $54,750 initial cash invested.
3.55%
Cash On Cash
8.45%
Cap Rate
1.24
DSCR
$1,894
Rent
$162
Cashflow
Cash Flow
$1,894 income − $1,732 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,894
Total Expenses
$1,732
Mortgage P&I
53%
$995
Property Taxes
2%
$32
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$227
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$208